While CoinDesk did a great job breaking the news on FTX, they also seemed very eager, even desperate at times, to use the news to arbitrarily take aim at the Solana ecosystem. What follows is a deep-dive into the press coverage on Solana over the last two turbulent months. 1/

When I first spoke out about the genocide, I was one of the few voices in tech, and it came at a cost. I faced sabotage especially from the VC class: lies, leaks, threats, and blocked investments. It was painful, but I never once regretted standing up for the children in Gaza.

1/ 🚀 Web3 is booming. DApp revenue hit $509M in August (+144% YoY), and Solana is leading the pack. 🏆 Here’s the deep dive into Solana’s dominance. 🧵

1/ 🔥 Solana is squarely in the lead against all other chains. In August Solana boasted 839 active TPS, 51M unique wallets, and over 97% of tokenized stock volume. Here’s why Solana is dominating Layer 1 & 2 activity 🧵

1/ 📊 Solana DeFi had another massive month. • $1.2T YTD DEX volume (+20% vs 2024) • 41% of all spot DEX activity across chains • Perps back near ATH with $41B in July Here’s the state of Solana DeFi 🧵

1/ The Solana DePIN economy keeps scaling. 📈 $900k+ monthly revenue from leading protocols 📡 11,800 TB of data consumed 💸 $7.6M rewards paid out in July Here’s what you need to know from July’s DePIN deep dive 🧵

1/ 🚀 July was big for Solana DApps. Revenue hit $209M — up 25% MoM and 139% YoY — securing Solana’s spot as the #1 DApps revenue chain with a 42% market share. Here’s the full breakdown of who’s winning, what’s changing, and where the momentum is heading 👇

1/ Solana has been firing on all cylinders. Last month it led all L1s and L2s in: – TPS – Active wallets – DEX volume – BTC and stablecoin utility Here’s the full breakdown of usage and performance across the stack 👇

1/ Solana's application layer continues to expand, setting new half-year highs. Memecoin apps have led the charge, driving 62% of DApp revenue in June with @Pumpdotfun and @AxiomExchange at the forefront. Dive into @Solana's revenue data from June 👇

1/ DeFi on @Solana isn’t slowing down. From LST adoption to perps, borrow/lend to stablecoins—every vertical is showing strength. Let’s break down what happened in June 🧵👇

1/ Solana has quietly become one of the most stable and performant blockchains in crypto. From validator upgrades to program activity, here's a data-driven look at how far it's come 👇

1/ Our latest Solana DePIN report covers some big picture metrics: deployer counts, developer activity, token launches, and DePIN FDV. We also showcase June's DePIN protocol outperformance - everything from @Helium & @XNET_Mobile to @ionet to @NATIXNetwork & @Hivemapper 👇

I asked @d4bba to bring @Syndica_io’s research muscle to studying DePIN deployers, and he delivered. Some nuggets: There are ~2.3m deployers on @solana, a 2x+ increase from 2 years ago

1/ @Solana DeFi is seeing BTC flows, DEX volume, LST adoption, and stablecoin innovation all on the rise. Let’s unpack the protocols, trends, and metrics defining the current state of Solana DeFi 👇

1/ @Solana leads the app layer of crypto. From DeFi to DePIN, Solana DApps are pulling in more revenue than all other chains combined. Here are the most important updates you may have missed 🧵👇

https://t.co/sh1qc8xH5V

1/ @Solana compute usage reveals where activity is happening on-chain. Here’s how compute is being spent, and what it tells us about DeFi, TPS growth, and DEX wars in 2025 🧵👇

1/ @Solana leads all chains in several key areas: - 14x higher TPS than any other chain, - 84M active wallets, - and dominance in DEX activity, gas fee efficiency, & P2P stablecoin transfers. Here we dive into insights from our April Layer 1 & 2 Chains report 🧵👇

What I’ve learned is that things like this are only minimally meaningful if your core emotional needs are not met. Often our core emotional needs are pretty similar: feeling seen, understood, like we belong, being loved, etc. That ends up mattering so much more than a penthouse.

1/ @Solana DeFi has continued to outperform its peers. - Solana commands 59% of all high-performance chain DEX volume, - Public companies are accumulating SOL en masse, - And next-gen AMMs are taking off. Let’s review the most important April updates 🧵👇

1/ Individual @Solana DApps have now out-earned entire ecosystems. April marked another month of Solana DApp revenue supremacy, capturing 57% of DApp revenue across crypto. Let’s run through the most important updates you may have missed 🧵👇